Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income

Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income - 2011 Page 2

Schedule D, Part I or PA-20S/PA-65

Line 5

Schedule D, Part III, Line 13.

Other Interest Income not

For a listing of tax-exempt and

included on Line 3 and

taxable obligations, obtain

Line 4

Pennsylvania form REV-1643, Tax

Exempt Obligations for Pennsylvania

If the entity received interest income

Personal Income Tax Purposes.

reported on a line other than federal

1120S Schedule K, Line 4 or federal

1065 Schedule K, Line 5 then report

Completing the

as interest income for Pennsylvania

personal income tax purposes on PA-

PA Schedule A

20S/PA-65 Schedule A, Line 5.

Line 6

Business Name

Enter the complete name of the

Gross Pennsylvania Interest

entity or business as shown on the

Income

PA-20S/PA-65 Information Return.

Add Lines 3 through 5. Enter the

result on Line 6.

FEIN

Enter the 9-digit federal employer

Line 7

identification number (FEIN) of the

Pennsylvania-Exempt

entity or business as shown on the

PA-20S/PA-65 Information Return.

Interest Income included on

Line 6

Enter income reported as federal

Line Instructions

interest income that has been taxed

federally and is exempt for

Line 1

Pennsylvania purposes. This number

can be obtained from entity books

Interest Income from

and records. Refer to Pennsylvania

Federal Schedule K

form REV-1643, Tax-Exempt

Enter the amount reported on federal

Obligations for Pennsylvania Personal

Schedule K. This number will also tie

Income Tax Purposes.

to PA-20S/PA-65 Schedule M, Part A,

Line 4, Column A. Include federal

Line 8

Schedule K-1 interest income from

Pennsylvania-Taxable

other entities.

Interest Income

Line 2

Subtract Line 7 from Line 6. Enter

the result on Line 8. Enter this

Less Business or Rental

amount on the PA-20S/PA-65

Interest Income (Working

Information Return, Page 1, Part III,

Capital)

Line 3.

Enter the amount reported on PA-

20S/PA-65 Schedule M, Part A, Line

4, Column B and/or Column F.

Line 3

Adjusted Federal Interest

Income

Subtract Line 2 from Line 1. Enter

the result on Line 3.

Line 4

Federal-Exempt Interest

Income Taxable for

Pennsylvania Personal

Income Tax

Enter the amount reported on federal

Schedule K from line “Tax-exempt

interest income.”

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Instructions for PA-20S/PA-65 Schedule A

Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income - 2011 Page 2

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